by Wayne | Aug 24, 2023 | Live Trading
The forex market is the largest and most liquid financial market in the world. According to the Bank of International Settlements, the forex daily turnover exceeds $6 trillion. Who are the major players in this market? Read on to find out! 1. Central Banks Central...
by Wayne | Aug 10, 2023 | Live Trading
Many years ago, a stock broker told me, “When the US market sneezes, the world catches a cold.” That still rings true today. If you trade anything at all, chances are you’ll have to pay attention to the US economic reports, and few can trump the...
by Wayne | Aug 8, 2023 | Live Trading, Trading Strategies
The forex markets are open 24 hours a day, but not all hours are created equal. Trading volumes are known to vary significantly throughout the day. But I’m not one to listen to anecdotes, so I decided to dissect my broker data and verify it for myself....
by Wayne | Aug 7, 2023 | Live Trading, Popular
This has to be among the top 5 questions I’ve received over the years. Continual improvement is the name of the game, but to improve, you first need an objective way to measure performance. So as a retail trader, is there a professional benchmark, against which...
by Wayne | Aug 12, 2021 | Live Trading
Forex day trading seems to have a particular appeal to new traders. Here I highlight five hidden challenges of day trading, and offer some suggestions on how to overcome them. With the potential for quick profits and the excitement of the rapidly moving markets, forex...
by Wayne | Jul 9, 2021 | Live Trading
Every day I come across a trading guru offering educational content on the internet. Many of them speak of huge returns with minimal effort. Should these be trusted? Here’s some tips on how to separate the wheat from the chaff. Like most people, I watch YouTube...